$545,000

Estimated payment $3,140/month

Total Views 569
9 Beds
4 Baths
3,121 Sq Ft
$175 Price per Sq Ft

About This Home

Turnkey investment opportunity in the heart of Albemarle! This prime multi-property portfolio features four fully occupied units generating a reliable, robust annual income of $55,800. With low operating overhead and strong historical performance, this portfolio offers immediate cash flow and strong upside potential for savvy investors or portfolio builders. Positioned in a high-demand rental pocket, tenants enjoy unmatched convenience to historic downtown Albemarle's local dining and shops, nearby parks, local wineries, and quick weekend access to Badin Lake and Lake Tillery. Complete rental history and detailed income/expense reports are available upon request—step right into a streamlined, income-producing asset without missing a beat!

Listing Agent

Sheila St Germain

EXP Realty LLC Ballantyne Brokerage Phone: 704-438-8339 License #277315 Listed on: 08/24/2026

EXP Realty LLC Ballantyne

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 37,026 Sq Ft Lot
  • Additional Parcels

Parking

  • Driveway

Interior Spaces

  • 3,121 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 6548-04-83-5629

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.85 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1978
  • Road Surface Type: Other, Paved
  • Geocode Confidence: High
  • Attribution Contact: 704-438-8339
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Appliances: Other
  • Owner Pays: Management
  • Above Grade Finished Sq Ft: 3121
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Living Area: 3121

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Pool Private: No
  • Construction Type: Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Other - See Remarks
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6548-04-83-5629
  • Lot Size Acres: 0.85
  • Additional Parcels Description: 654804629027, 654803425376,654803426303
  • Additional Parcels: Yes
  • Zoning Specification: R-8

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $752 $67,186 $13,348 $53,838
2024 $526 $43,114 $4,449 $38,665
2023 $526 $43,114 $4,449 $38,665
2022 $526 $43,114 $4,449 $38,665
2021 $526 $43,114 $4,449 $38,665
2020 $508 $39,180 $4,004 $35,176
2019 $513 $39,180 $4,004 $35,176
2018 $513 $39,180 $4,004 $35,176
2017 $494 $39,180 $4,004 $35,176
2016 $450 $35,747 $4,004 $31,743
2015 $455 $35,747 $4,004 $31,743
2014 $556 $35,747 $4,004 $31,743
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2026 08/24/26 For Sale $545,000 0.0% $175 / Sq Ft
05/30/2024 05/30/24 Rented $1,350 0.0% --
04/10/2024 04/10/24 Price Changed $1,350 -10.0% $1 / Sq Ft
03/26/2024 03/26/24 For Rent $1,500 0.0% --
10/04/2023 10/04/23 Sold $110,000 -9.1% $114 / Sq Ft View Prior Sale
08/29/2023 08/29/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $121,000 -- $125 / Sq Ft
Source: Canopy MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $330,000 None Listed On Document
Warranty Deed $27,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

About the Listing Agent

Sheila St Germain

EXP Realty LLC Ballantyne

(980) 351-6532

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With a real estate career spanning back to 1996, I've had the privilege of guiding clients through countless market cycles. My journey began with over a decade in property management, building a foundational understanding of diverse real estate needs. This led to 6 successful years as a Broker-in-Charge, where I had the honor of leading and mentoring a dynamic team of 24 agents. My commitment to excellence has been recognized with the eXp ICON Award 4 years running, and I'm proud to have

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Source: Canopy MLS

MLS Number: 4417579

Canopy MLS

APN: 6548-04-83-5629

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